Wingstop (NASDAQ:WING) Given New $200.00 Price Target at Royal Bank Of Canada

Wingstop (NASDAQ:WING) had its price target lowered by equities researchers at Royal Bank Of Canada from $225.00 to $200.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the restaurant operator’s stock. Royal Bank Of Canada’s target price points to a potential upside of 50.21% from the company’s previous close.

Several other equities research analysts also recently commented on the stock. Barclays dropped their price objective on shares of Wingstop from $330.00 to $235.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. TD Cowen reiterated a “hold” rating on shares of Wingstop in a research note on Wednesday. Wells Fargo & Company lowered their price target on shares of Wingstop from $170.00 to $165.00 and set an “overweight” rating on the stock in a research report on Thursday. Bank of America dropped their price target on shares of Wingstop from $264.00 to $234.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Finally, Guggenheim cut their price objective on shares of Wingstop from $255.00 to $215.00 and set a “buy” rating for the company in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $250.52.

Wingstop Stock Performance

NASDAQ:WING traded down $6.30 during trading hours on Thursday, reaching $133.15. The stock had a trading volume of 1,307,846 shares, compared to its average volume of 1,158,615. The stock has a market cap of $3.63 billion, a P/E ratio of 33.04, a price-to-earnings-growth ratio of 1.62 and a beta of 1.79. The stock has a 50 day simple moving average of $152.29 and a 200 day simple moving average of $189.66. Wingstop has a 12-month low of $116.35 and a 12-month high of $381.45.

Wingstop (NASDAQ:WING) last issued its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.16. The firm had revenue of $185.56 million for the quarter, compared to analysts’ expectations of $190.25 million. Wingstop had a negative return on equity of 16.22% and a net margin of 15.77%.The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.00 EPS. On average, equities analysts expect that Wingstop will post 4.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Carnegie Investment Counsel increased its holdings in Wingstop by 32.4% during the 1st quarter. Carnegie Investment Counsel now owns 68,489 shares of the restaurant operator’s stock worth $10,614,000 after acquiring an additional 16,764 shares during the period. Kornitzer Capital Management Inc. KS lifted its stake in Wingstop by 113.8% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 11,800 shares of the restaurant operator’s stock worth $2,814,000 after purchasing an additional 6,280 shares in the last quarter. Legato Capital Management LLC boosted its holdings in Wingstop by 472.3% in the 4th quarter. Legato Capital Management LLC now owns 9,534 shares of the restaurant operator’s stock valued at $2,274,000 after purchasing an additional 7,868 shares during the period. TimesSquare Capital Management LLC boosted its holdings in Wingstop by 813.7% in the 4th quarter. TimesSquare Capital Management LLC now owns 84,304 shares of the restaurant operator’s stock valued at $20,106,000 after purchasing an additional 75,077 shares during the period. Finally, Hussman Strategic Advisors Inc. purchased a new position in shares of Wingstop during the 4th quarter valued at $1,502,000.

More Wingstop News

Here are the key news stories impacting Wingstop this week:

• Positive Sentiment: Second-quarter adjusted earnings were $1.18 per share, ahead of the $1.02 analyst consensus and up from $1.00 a year earlier. Revenue increased 6.5% year over year to $185.56 million. Wingstop Tops Q2 Earnings Estimates
• Positive Sentiment: Wingstop opened 102 net new locations during the quarter, resulting in 16% unit growth. Management reiterated its target for 15% to 16% global unit growth, supporting the company’s longer-term expansion story. Wingstop Fiscal Second-Quarter Results
• Positive Sentiment: The company raised its quarterly dividend 10% to $0.33 per share, although the annualized yield remains modest at approximately 0.9%. Wingstop Declares Dividend
• Neutral Sentiment: Stephens reaffirmed an “overweight” rating with a $200 price target, indicating continued confidence in Wingstop’s long-term growth potential. Stephens Rating Update
• Negative Sentiment: Management expects domestic same-store sales to decline 4% to 6% in 2026. It attributed recent weakness to pressure on consumer spending and said improved value messaging may be needed to restore traffic. Wingstop Same-Store Sales Outlook
• Negative Sentiment: Quarterly revenue fell short of expectations of $190.25 million, and analysts lowered price targets: Wells Fargo cut its target to $165 while BTIG reduced its target to $265, though both maintained bullish ratings. The combination of weak traffic trends and target reductions is weighing on sentiment. Analyst Price Target Updates

Wingstop Company Profile

Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.